Central Securities Corporation Announces Reinvestment Price of Shares for Distribution Payable December 20, 2024
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Central Securities Corporation (NYSE American: CET) has announced the reinvestment price of its common stock for the distribution payable on December 20, 2024, set at $47.41 per share. This price is based on the average VWAP over the last three trading days ending December 4, 2024.
December 04, 2024 | 10:15 pm
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Central Securities Corporation has set the reinvestment price for its upcoming distribution at $47.41 per share, based on the average VWAP over the last three trading days.
The announcement of the reinvestment price is a routine update for investors holding CET shares. It provides clarity on the terms of the distribution but is unlikely to cause significant short-term price movement as it is based on the average VWAP, which reflects recent market conditions.
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